About This Home
Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13,950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4,455 SF under A/C (5,308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas—all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portal’s most distinctive new construction homes with plans already approved including Health Department approved septic plans. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer
Listing SummaryAI-generated from listing data
Imagine waking up every morning to the serene views of the river, surrounded by lush landscaping and the gentle sounds of nature. This 13,939 sq ft lot, situated on the banks of the river in the heart of El Portal, offers a rare opportunity to build a spectacular contemporary estate. The property comes with an already issued building permit and construction proposals for a stunning residence, featuring 8 bedrooms, 9 bathrooms, and seamless indoor-outdoor living. With its prime location in Miami-Dade County, this property is conveniently close to I-95, Miami Shores, the Design District, Downtown, and just 15 minutes to South Beach. The approved plans already include a resort backyard with a pool, spa, and sun shelf, oversized summer kitchen, pickleball court, and putting green, all overlooking the serene river. The property's inclusion in the Opportunity Zone area is likely to provide multi-million tax benefits, making it an attractive investment opportunity. The tranquil atmosphere of the river and the fenced Larchmont Gardens Park on the other riverbank provide rare privacy for a riverfront lot. Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans are available, and the price is honored for the new owner. The property's unique features and prime location make it an ideal investment opportunity for those looking to build a distinctive new construction home in El Portal. For more information or to schedule a private showing, Darci Margeson at Homes by Darci invites interested buyers to reach out and explore the possibilities of this extraordinary property. With her expertise and guidance, buyers can bring their vision to life and make this stunning riverfront estate a reality. Contact Darci Margeson at Homes by Darci to ask questions or schedule a private showing today. is rewritten to Imagine waking up every morning to the serene views of the river, surrounded by lush landscaping and the gentle sounds of nature. This 13,939 sq ft lot, situated on the banks of the river in the heart of El Portal, offers a rare opportunity to build a spectacular contemporary estate. The property comes with an already issued building permit and construction proposals for a stunning residence, featuring 8 bedrooms, 9 bathrooms, and seamless indoor-outdoor living. With its prime location in Miami-Dade County, this property is conveniently close to I-95, Miami Shores, the Design District, Downtown, and just 15 minutes to South Beach. The approved plans already include
Facts & Features
36 detailsOverview
- List Price
- $1,300,000
- Lot Size
- 13,939 sq ft
- Property Type
- Land & Docks
- Sub-Type
- Unimproved Land
- Standout Features
- Canal FrontFenced YardNo HOASeptic
Exterior & Construction
- Direction Faces
- North
- Zoning
- 0100
- Lot Features
- Other
- Fencing
- Fenced
Waterfront & Boating
- Waterfront
- Yes
Utilities & Green Energy
- Utilities
- Electricity AvailableWater AvailableOther
- Water Source
- Other
- Sewer
- Septic Tank
Location & Schools
- Address
- 400 NW 87th Street, El Portal, FL 33150
- City
- El Portal
- County
- Miami-Dade
- Zip Code
- 33150
- Subdivision
- SOARS RIVER ESTATES
- Elementary School
- Hubert O. Sibley K-8 Academy
- Middle School
- Horace Mann
- High School
- Miami Edison
- State
- FL
Financial & Tax
- Annual Tax
- $21,884
- Parcel Number
- 1831120710100
Listing & MLS
- MLS #
- A12064850
- Listing Agent
- Juan D Zuluaga
- Listing Office
- Coldwell Banker Realty
- Listing Updated
- Aug 11, 2026
Additional Details
- Lot Size Square Feet
- 13,950
- Lot Size Dimensions
- 13950
- Current Use
- ResidentialSingle FamilyOther
- Postal Code Plus4
- 2422
- Mls Area Major
- 2310
- Photos Count
- 9
- Property Type Label
- Land & Docks
- Permit Internet
- Yes
Monthly Cost
Estimated with 20% down ($260,000), 30-yr fixed at 6.5%
- Principal & interest
- $6,574
- Property taxes
- $1,824
- Home insurance
- $650
Estimate only — not a loan offer or pre-approval. Taxes from the latest county tax bill; insurance estimated at 0.6% of price per year.
Price & Status History
Loading history…
History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.
Schools
Elementary
Hubert O. Sibley K-8 Academy
Middle / Jr High
Horace Mann
High School
Miami Edison
School assignments can change — verify enrollment eligibility directly with the school district.
Location & Flood Zones
400 NW 87th Street, El Portal, FL 33150
El Portal, FL 33150
SOARS RIVER ESTATES
Listed by
Juan D Zuluaga
Coldwell Banker Realty
MLS #A12064850. Information deemed reliable but not guaranteed. Listing information last updated Aug 11, 2026.
Estimate Your Payment
Adjust the sliders — updates instantly.
- Principal & interest
- $6,574
- Property taxes
- $1,824
- Home insurance
- $650
- Loan amount
- $1,040,000
Taxes based on the latest county tax bill ($21,884/yr). Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.